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Retail mortgage lending - lending secured by a first or subsequent legal charge on residential property - is of great social and economic importance. Such lending underpinned the growth in home ownership in the post-war years and now additionally supports the buy-to-let market and a substantial a...

The new edition of Commercial Mortgage Loans and Mortgage-Backed Securitisation is the only title of its kind to bring together all the UK and European practice regarding CMBS transactions. It provides you with detailed coverage of the existing CMBS market post-credit crisis and the res...

Following the passing of the EU Mortgage Credit Directive (MCD)
in February, the Financial Conduct Authority (FCA) is now in the
advanced stages of implementing this into the UK. It has recently
issued a consultation on how it will approach the most complex
aspect of the Directive: how it w...

The Financial Services Authority published
its latest consultation paper CP10/28 in its
ongoing Mortgage Market Review (MMR), a review of various aspects
of residential mortgages regulation. It is now looking
at distribution issues:
- introduce an appropriateness test for all
mortgages...

A mortgage is a special kind of loan, typically taken out to buy
a home. It can be for any length of time agreed between the
borrower and the lender. The loan is usually based on: how
much the borrower can afford to borrow; the value of the
property. The main 'lenders' are...